Which of the Following Is True of a Systems View

question 66

Multiple Choice

Which of the following is true of a systems view of organizations?

• A) It helps managers understand the effect of group social interactions on individual performance.
• B) It helps managers understand that good internal management of an organization is enough to ensure survival.
• C) It encourages managers to focus on better communication and cooperation within an organization.
• D) It forces managers to view their organization as separate, unrelated parts.

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Definitions:

Marginal Revenue Product

The additional revenue generated from hiring one more unit of labor or other input.

Complementary Inputs

Goods or services that are used together in production and whose use is interconnected, such that an increase in demand for one increases the demand for the other.

Marginal Physical Product

The marginal physical product is the change in output resulting from employing one more unit of a particular input, holding other inputs constant.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to replace more expensive items with cheaper alternatives.